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COMING UP:Share Opener Variant 4

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Transcript

00:00:01
>> Where is Chinese billionaire Xiao Jianhua? Someone claiming to be him says he's left Hong Kong for medical treatment. Other reports say mainland Chinese agents took him from the city's Four Seasons Hotel last week. It's a familiar mystery to this city. In 2015, several local booksellers also went missing before reemerging as captives across the border.
00:00:22
If Xiao's case is a repeat, Reuter's Breaking News Lisa Yuka says it doesn't look good for Hong Kong.>> Is still unclear in many ways. However, it does seem to suggest that there are potentially Chinese security agents operating in Hong Kong. The question mark for business operating in Hong Kong now is the bookseller case was maybe not a one-off, and what does it tell us about the degree of autonomy that Hong Kong has from Beijing.
00:00:54
>> Hong Kong's laws make the city attractive for banks, law firms and businesses eyeing China. But if Beijing disregards the system that may change.>> You know we don't yet see a situation where people have lost confidence in Hong Kong and are kind of pulling out of the city or deciding to base themselves in another financial center.
00:01:14
However, I mean if there are more of these instances, and there is a very, very severe undermining of the confidence in Hong Kong, as an appealing, and very competitive financial center, people may make different long-term investment decisions.>> Hong Kong police say they've asked Beijing about Xiao's case.
00:01:33
Foreign law enforcement agencies, including from China, are barred from operating in the city under basic law. Xiao himself held a foreign passport, a fact that may alarm Hong Kong's many expats.